Pros and Cons of Living In Shakopee, Minnesota. Is Shakopee, MN a Nice Place To Live or Retire?

Shakopee, Minnesota

Moving to Shakopee In Minnesota ? Is Shakopee, MN a Nice Place To Live? Pros and Cons of Living in Shakopee, Minnesota. Find out the best and worst about to live, raise a family or retire in Shakopee.

Shakopee ( SHAH-kə-pee) is a city in and the county seat of Scott County, Minnesota, United States. It is southwest of Minneapolis. Sited on the south bank bend of the Minnesota River, Shakopee and nearby suburbs comprise the southwest portion of Minneapolis-Saint Paul, the nation's 16th-largest metropolitan area, with 3.7 million people. The population was 43,698 at the 2020 census.

The riverbank's Shakopee Historic District contains burial mounds built by prehistoric cultures. In the 18th century, Chief Shakopee of the Mdewakanton Dakota established his village on the east end of this area, near the water. Trading led to the city's establishment in the 19th century....

DEMOGRAPHICS

Population
41423
Unemployment
3.5%
26% NAT AVG.
Poverty
6%
57% NAT AVG.
Cost Of Living
108
8% NAT AVG.

ECONOMICS

Median Home Cost
$280500
22% NAT AVG.
Median Income
$90642
34% NAT AVG.
Median Rent
$1213
5% NAT AVG.
Overall Score
7.5

CRIME REPORT

Total Crime
826
16% NAT. AVG.
18% STATE AVG.
Violent Crime
81
50% NAT. AVG.
30% STATE AVG.
Property Crime
745
9% NAT. AVG.
16% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 17
Unemployed People
1 in 29
People Earning < $10,000
1 in 59
People Earning < $50,000
24.9%
People With Any Degree
1 in 2

ETHNICITY

Ethnicity Shakopee USA
White 66.1% 60.1%
African American 8% 12.2%
American Indian 0.6% 0.6%
Asian 10.2% 5.6%
Hawaiian 0% 0.2%
Multiracial 6.6% 2.8%
Hispanic 8% 18.2%
Other 0.5% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Shakopee USA
Less than $10,000 1.7% 5.8%
$10,000 to $14,999 1.6% 4.1%
$15,000 to $24,999 3.8% 8.5%
$25,000 to $34,999 8.3% 8.6%
$35,000 to $49,999 9.5% 12.0%
$50,000 to $74,999 14.8% 17.2%
$75,000 to $99,999 18.3% 12.8%
$100,000 to $149,999 17.9% 15.6%
$150,000 to $199,999 12.6% 7.1%

EDUCATION

Education Shakopee USA
< 9th Grade 4% 5.0%
9-12th Grade 4% 7.0%
High School or GED 25% 27.0%
Other College 18% 20.0%
Associate's Degree 12% 9%
Bachelor's Degree 27% 20.0%
Master's Degree 6% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 1% 1.0%
Shakopee is a city in Minnesota state in USA with a population of 41423 residents.. The poverty rate of Shakopee is 6%, which is 57% lower than national average. The typical household in Shakopee earns $90642 a year, compared to the national median of $67,500. Nearly 24.9% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Shakopee remained 3.5%, which is 26% lower than national rate.

Cost of living in Shakopee is 108, which is 8% higher than national average. In Shakopee, only 37% of adults have a bachelor's degree and 30% have some college but no degree. Median home value in Shakopee is $280500 , which is 22% higher than national average. While median income in Shakopee remained $90642, which is 34% higher than national average. Not only are incomes low in the town, but it also has a high cost of living, meaning a dollar does not go as far as it might elsewhere.
Shakopee Scorecard

Jobs85%

Housing85%

Affordability80%

Safety85%

Amenities85%

Diversity90%

Education85%

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